Zimmer Biomet's Q2 sales jump 60.7%: 5 notes

Carly Behm -   Print  |
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Zimmer Biomet posted $2 billion in net sales during the second quarter of 2021 and saw growth across its spine and orthopedic segments.

Five notes about the company's second quarter performance:

1. Net sales were $2 billion, up 60.7 percent.

2. Spine and dental sales were $263.5 million, up 73.1 percent from the same time last year.

3. Knee sales were up 77.5 percent at $665.6 million net sales. Hip sales also increased 44 percent globally with $474.6 million net sales.

4. Sports medicine, extremities, trauma, craniomaxillofacial and thoracic sales were up 57.9 percent at $462.1 million.

5. The company updated its projected ranges for revenue growth and expects to see a 14.5 percent to 16.5 percent increase by the end of the year.

 

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